
Palm Springs, California 92262
This Resort-Style Villa is a Strong Value Opportunity, listed at $625,000—positioned well above the $551,163 Fair Market Value by 13%. While priced at a premium, the property offers Fee Simple Ownership and a Good Condition Rating, featuring a private rooftop terrace with 360-degree mountain views. Residents enjoy high-end amenities including a resort-style pool and fitness center. Located near Palm Springs High School, this home balances luxury lifestyle with long-term stability. It is an ideal acquisition for Owner-Occupants seeking a turnkey retreat or second-home buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1015 S Villorrio Drive Subject | $625,000* List Price | 2 | 2 | 1,159 | $476 | - |
A 248 Villorrio Drive Sold | $585,000 | 2 | 3 | 1,516 | $386 | 0.0 mi |
B 1370 Yermo Drive S Sold | $506,000 | 2 | 2 | 1,333 | $380 | 0.6 mi |
C 1377 Yermo Drive S Sold | $528,000 | 2 | 2 | 1,333 | $396 | 0.6 mi |
D 1294 Tiffany Circle N Sold | $599,000 | 2 | 2 | 1,251 | $479 | 0.2 mi |
E 1283 Tiffany Circle S Sold | $589,000 | 2 | 2 | 1,260 | $467 | 0.2 mi |
F 100 N Cerritos Drive 1 Sold | $700,000 | 2 | 2 | 1,148 | $610 | 0.7 mi |
G 374 Terra Vita Sold | $522,000 | 2 | 2 | 1,375 | $380 | 0.7 mi |
H 1045 Villorrio S Active | $579,000 List Price | 2 | 3 | 1,200 | $483 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is 20 years old and fits the 'Good' criteria perfectly. The kitchen and bathrooms feature original but well-maintained finishes, including granite countertops and stainless steel appliances. The home appears move-in ready with functional systems and no visible signs of deferred maintenance.
The expansive third-floor rooftop terrace offers rare 360-degree panoramic mountain views, providing a premier outdoor living space for entertaining and relaxation in a private setting.
Situated on land you own rather than leased land, this property offers significant long-term value and simplified financing compared to many other Palm Springs residences.
The gated Villorrio community features high-end amenities including a boutique-style pool, three spas, and a fitness center, all located just blocks from the dining and entertainment of Downtown Palm Springs.
The monthly HOA fee of $695 is relatively high for a two-bedroom unit, which may impact the overall affordability and monthly carrying costs for some buyers.
The three-story configuration requires navigating multiple flights of stairs to access the primary living areas and rooftop, which may be a drawback for buyers seeking single-level living or those with mobility concerns.
Resort style 2 bed, 2 bath villa located on land you own just blocks from Downtown Palm Springs! Key highlights include the main floor bedroom ensuite with private bath and south-facing patio with views; the kitchen, living and dining area with tall ceilings and mountain views; the private rooftop terrace with sensational 360 degree mountain views; and the on-site resort amenities including a large pool, multiple spas, and a well-equipped fitness room. Welcome to Villorrio, a gated community of private residences located on land you own just blocks from Downtown Palm Springs! Main Floor: Private entrance, bedroom with ensuite bath and patio, inside laundry and access to the attached two car garage. Second Floor: Light and bright kitchen and great room with vaulted ceilings and large arched windows create an inviting sense of volume and light. A built-in gas fireplace with TV niche anchors the living room, while the kitchen is well-appointed with warm wood cabinetry. The primary suite features an en-suite bath with walk-in shower. Third Floor: Private staircase leads to the rooftop terrace, an expansive open-air space with stucco parapet walls and panoramic views of the San Jacinto Mountains, ideal for lounging, entertaining, and taking in the evening lights. Villorrio amenities feel resort-inspired with cobblestone streets, water features, a large resort-style pool that feels like a boutique hotel retreat, three spas, a fully equipped fitness center, and a clubhouse with BBQ area. Restaurants, shops, nightlife, casinos, and entertainment in downtown Palm Springs are just a short hop away.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.7 mi
Grades K-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,159 | 1,199 |
| Lot Size | 996 | 1,742 |
| Price | $625.0K | $445.8K |
| Price per sq ft | $539 | $351 |
| Built year | 2006 | 1980 |
| HOA | $695.0 | $587 |
| Days on market | 79 | 67 |
May 5, 2026
$625,000
Initial Listing
Jul 30, 2008
$350,000
Public Record
Jan 30, 2006
$450,000
Public Record
Sep 23, 2005
$330,000
Public Record